Civic Intelligence

Marjorie M Bringe Charitable Tr

990 • Fiscal year 2017 • EIN 39-2043612

Jan 01, 2017 to Dec 31, 2017 • Filed on May 22, 2018

802 Michigan AvenueSheboygan, WI 53081-3438

(920) 457-7737

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.57x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

15th percentile

$64,669

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

40th percentile

1.9%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

37%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,356,849

Up $279,131 (+1.9%) from 2016

Net Assets

Up

$14,814,849

Up $283,131 (+1.9%) from 2016

Liabilities

Down

$542,000

Down $4,000 (-0.7%) from 2016

Revenue

Up

$947,281

Up $255,056 (+37%) from 2016

Expenses

Down

$674,336

Down $3,493 (-0.5%) from 2016

Net Income

Up

$272,945

Up $258,549 (+1796%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $14,621,936Liabilities 2011: $475,146Net Assets 2011: $14,146,7902011Assets 2012: $14,761,687Liabilities 2012: $522,895Net Assets 2012: $14,238,7922012Assets 2013: $14,788,774Liabilities 2013: $524,124Net Assets 2013: $14,264,6502013Assets 2014: $15,046,146Liabilities 2014: $608,472Net Assets 2014: $14,437,6742014Assets 2015: $15,063,322Liabilities 2015: $552,000Net Assets 2015: $14,511,3222015Assets 2016: $15,077,718Liabilities 2016: $546,000Net Assets 2016: $14,531,7182016Assets 2017: $15,356,849Liabilities 2017: $542,000Net Assets 2017: $14,814,8492017Assets 2018: $15,560,329Liabilities 2018: $536,000Net Assets 2018: $15,024,3292018Assets 2019: $19,849,432Liabilities 2019: $517,000Net Assets 2019: $19,332,4322019Assets 2020: $19,620,210Liabilities 2020: $468,323Net Assets 2020: $19,151,8872020Assets 2021: $19,792,176Liabilities 2021: $528,000Net Assets 2021: $19,264,1762021Assets 2022: $19,918,734Liabilities 2022: $536,000Net Assets 2022: $19,382,7342022Assets 2023: $20,135,377Liabilities 2023: $555,000Net Assets 2023: $19,580,3772023Assets 2024: $20,520,932Liabilities 2024: $602,500Net Assets 2024: $19,918,4322024

Highlighted filing

2017

Assets$15,356,849
Liabilities$542,000
Net Assets$14,814,849

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $599,6642011Expenses 2012: $647,1342012Revenue 2013: $658,496Expenses 2013: $632,638Net Income 2013: $25,8582013Revenue 2014: $875,402Expenses 2014: $706,387Net Income 2014: $169,0152014Revenue 2015: $739,947Expenses 2015: $665,223Net Income 2015: $74,7242015Revenue 2016: $692,225Expenses 2016: $677,829Net Income 2016: $14,3962016Revenue 2017: $947,281Expenses 2017: $674,336Net Income 2017: $272,9452017Revenue 2018: $871,880Expenses 2018: $669,507Net Income 2018: $202,3732018Revenue 2019: $681,486Expenses 2019: $621,987Net Income 2019: $59,4992019Revenue 2020: $500,054Expenses 2020: $598,270Net Income 2020: -$98,2162020Revenue 2021: $826,055Expenses 2021: $660,369Net Income 2021: $165,6862021Revenue 2022: $783,418Expenses 2022: $653,286Net Income 2022: $130,1322022Revenue 2023: $893,882Expenses 2023: $666,801Net Income 2023: $227,0812023Revenue 2024: $1,050,879Expenses 2024: $713,443Net Income 2024: $337,4362024

Highlighted filing

2017

Revenue$947,281
Expenses$674,336
Net Income$272,945
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 22, 2018
Return Version
2017v2.2
Gross Receipts
$1,618,311
Mission and Program Overview

Mission

Provide Educational Scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$14,531,718$14,814,849▲ $283,131
Investments in Publicly Traded Securities$13,674,514$13,226,436▼ $448,078
Savings and Temporary Cash Investments$1,403,133$2,130,332▲ $727,199
Cash and Non-Interest-Bearing Accounts$71$81▲ $10
Total Assets$15,077,718$15,356,849▲ $279,131
Liabilities
Grants Payable$546,000$542,000▼ $4,000
Total Liabilities$546,000$542,000▼ $4,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,531,718$14,814,849▲ $283,131
Total Liabilities and Net Assets / Fund Balance$15,077,718$15,356,849▲ $279,131
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David a Van De WaterTrusteePT$51,735$12,934$64,669
Lorna Van De WaterTrusteePT$47,265$11,816$59,081
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$947,281
Other Revenue
$0
Change in Net Assets
$272,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$542,000
Salaries, Compensation, and Employee Benefits$131,324
Other Expenses$1,012
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$542,000--$542,000
Current Officers, Directors, Trustees, and Key Employees$12,375$111,375$0$123,750
Payroll Taxes$757$6,817$0$7,574
Office Expenses$0$517$0$517
Other Expenses$0$17$0$17
Total Functional Expenses$555,180$119,156$0$674,336
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sheboygan North High SchoolSheboygan, WI501(c)(3)Scholarships$270,000
Sheboygan South High SchoolSheboygan, WI501(c)(3)Scholarships$270,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Marjorie M Bringe Charitable Trust
EIN
39-2043612
Phone
9204577737
Address
802 MICHIGAN AVENUE, SHEBOYGAN, WI 53081-3438

Signing Officer

Name
David Vandewater
Title
Trustee
Phone
9204577737
Signed
2018-05-22

Organization Details

Principal Officer
David Van De Water
Formed
1994
Legal Domicile
Wi
Voting Board Members
2
Independent Board Members
0
Employees
2
Volunteers
0

Preparer

Firm
Gruhle Fessler & Van De Water
Address
802 MICHIGAN AVENUE, SHEBOYGAN, WI 53081-3438
Preparer
David Van De Water
Phone
9204577737
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Lorna Van de Water and David Van de Water have a family relationship.

Pt VI, Line 8A

The organization does not contemporaneously document each and every meeting.

Pt VI, Line 8B

There are no committees with authority to act on behalf of the governing body.

Pt VI, Line 11B

Each trustee reviewed Form 990 prior to filing.

Pt VI, Line 12C

Conflicts of interest are required to be disclosed.

Pt VI, Line 19

Documents are available upon request.

Raw XML Appendix349 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToIndividualsInd0false
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IRS990/InvestmentInJointVentureInd0false
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
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IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0517
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Workmen's Comp Insurance
IRS990/OtherExpensesGrp/Desc1Safety Deposit Box
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IRS990/OtherExpensesGrp/TotalAmt0478
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0757
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt0272945
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Direct furtherance of educational activities by providing substantial scholarship support.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Supported organization would have provided substantially fewer scholarships but for the supporting organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt IV Sec D Ln 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt IV Sec E Ln 2a
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Pt IV Sec E Ln 2b
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Sheboygan South High School
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13128 S 12th Street
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IRS990ScheduleI/RecipientTable/USAddress/CityNm1Sheboygan
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Lorna Van de Water and David Van de Water have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization does not contemporaneously document each and every meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are no committees with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Each trustee reviewed Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conflicts of interest are required to be disclosed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt015077718
IRS990/TotalAssetsEOYAmt015356849
IRS990/TotalAssetsGrp/BOYAmt015077718
IRS990/TotalAssetsGrp/EOYAmt015356849
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0119156
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0555180
IRS990/TotalFunctionalExpensesGrp/TotalAmt0674336
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0546000
IRS990/TotalLiabilitiesEOYAmt0542000
IRS990/TotalLiabilitiesGrp/BOYAmt0546000
IRS990/TotalLiabilitiesGrp/EOYAmt0542000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014531718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014814849
IRS990/TotalOtherCompensationAmt024750
IRS990/TotalProgramServiceExpensesAmt0555180
IRS990/TotalReportableCompFromOrgAmt099000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0947281
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0947281
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015077718
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015356849
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0802 Michigan Avenue
IRS990/USAddress/CityNm0Sheboygan
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053081
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID VANDEWATER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09204577737
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARJORIE M BRINGE CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0MARJ
ReturnHeader/Filer/EIN0392043612
ReturnHeader/Filer/PhoneNum09204577737
ReturnHeader/Filer/USAddress/AddressLine1Txt0802 MICHIGAN AVENUE
ReturnHeader/Filer/USAddress/CityNm0SHEBOYGAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0530813438
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09CB2288DB6CC07ABE7A9CADD812A9E1ED70BAA07
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09CB2288DB6CC07ABE7A9CADD812A9E1ED70BAA07
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.158.10.74
ReturnHeader/FilingSecurityInformation/IPDt02018-08-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm013:23:48
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRUHLE FESSLER & VAN DE WATER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0802 MICHIGAN AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHEBOYGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0530813438
ReturnHeader/PreparerPersonGrp/PhoneNum09204577737
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID VAN DE WATER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-08-07T13:23:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$0.60$19.9$1.05$0.71$0.34
2023Detailed filing. Detailed filing data is available for this year.$20.1$0.56$19.6$0.89$0.67$0.23
2022Detailed filing. Detailed filing data is available for this year.$19.9$0.54$19.4$0.78$0.65$0.13
2021Detailed filing. Detailed filing data is available for this year.$19.8$0.53$19.3$0.83$0.66$0.17
2020Detailed filing. Detailed filing data is available for this year.$19.6$0.47$19.2$0.50$0.60$0.10
2019Detailed filing. Detailed filing data is available for this year.$19.8$0.52$19.3$0.68$0.62$0.06
2018Detailed filing. Detailed filing data is available for this year.$15.6$0.54$15.0$0.87$0.67$0.20
2017Detailed filing. Detailed filing data is available for this year.$15.4$0.54$14.8$0.95$0.67$0.27
2016Detailed filing. Detailed filing data is available for this year.$15.1$0.55$14.5$0.69$0.68$0.01
2015Detailed filing. Detailed filing data is available for this year.$15.1$0.55$14.5$0.74$0.67$0.07
2014Detailed filing. Detailed filing data is available for this year.$15.0$0.61$14.4$0.88$0.71$0.17
2013Detailed filing. Detailed filing data is available for this year.$14.8$0.52$14.3$0.66$0.63$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.52$14.2$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.48$14.1$0.60